Aug 21 - Shares of Walmart slipped 5% Thursday after the retail giant released second-quarter results that mixed strong top-line momentum

The retailer raised its full-year net sales guidance and noted that it is seeing costs increase as it replenishes inventory post-tariff changes.

Shares of Walmart (NYSE: WMT) fell 4.9% Thursday. The drop came as the S&P 500 lost 0.5% and the Nasdaq Composite lost 0.4% as investors await Federal Reserve Chair Jerome Powell's speech tomorrow.

The food discounts were part of 7,400 temporary price reductions during the quarter, company executives told investors.

Walmart Inc. posted a good financial performance in the second quarter of the 2026 financial year, with revenue increasing by 4.8% to $177.4 billion. Walmart’s

In response to the current period of economic uncertainty, Walmart is “playing offense and are opportunistically investing in areas to improve our value proposition,” according to the spokeswoman, including 30% more price rollbacks in grocery and a robust back-to-school campaign.

Walmart's modest growth faces margin pressure, rising debt, and sector risks. Click here for my WMT earnings preview and a close look at WMT stock's valuation.

Walmart reported strong second-quarter results, exceeding expectations and outperforming competitors like Target. Comparable sales rose by 4.6%, fueled by both established stores and online channels.